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In an announcement Thursday morning, the Federal Reserve announced that its instant payment system, the FedNow® Service, has officially gone live. This tool aims to empower banks and credit unions…
The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in July. The Fed has responded to recent criticism of the…
The European Commission has approved a proposal to accelerate the introduction of euro instant payments. The technology is there and Europeans should be able to send and receive money immediately,…